Daily Archives: December 30, 2018

49 FAQ’s on GSTR 9C ( GST Audit Reconciliation Statement ) by ICAI Indirect Tax Committee

By | December 30, 2018

49 FAQ’s on GSTR 9C ( GST Audit Reconciliation Statement ) Q 1. Are the accounts maintained by the registered taxable person required to be audited by a Chartered Accountant/Cost Accountant under GST? Ans. It has been stated in the law that every registered person whose aggregate turnover during a financial year exceeds the prescribed… Read More »

Category: GST

GST Penalty paid through GST Portal is valid , cash / DD can not be demanded : HC

By | December 30, 2018

The Court declares that the 1st respondent’s insistence that the petitioner should pay the amount either in cash or through demand draft cannot be sustained. As is further evident from Ext.P7, the petitioner is a dealer registered under the CGST. Cumulatively viewed, the petitioner’s paying the penalty under Ext.P5 receipt to the portal of GST… Read More »